Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 10, 2010
Mahindra & Mahindra LTD Triangle breakout trade
This post is for my friend ARS
He has asked about M&M Charts.
Mahindra & Mahindra LTD has formed a triangle in the daily time frame.
Look for a break out of the triangle and close above or below 5 EMA.
If you follow the price, most of your trades will give you profit.
Don't try to predict a reversal. See the reversal on the chart and you turn with it.
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